Cargill invests $200m in Pakistan business The investment will scale up its activities in oilseeds crushing, edible oils, animal feed and dairy. Cargill is particularly interested in using the capital to fund innovations to support Pakistan's dairy industry. Read more.
Mahabis slipper brand purchased by YYX Capital James Cox, co-head of YYX Capital will be taking over The upmarket slipper company as interim CEO. Mahabis which launched in 2014, was said to be valued at £100m. Read more.
Walmart to remain part of CVS pharmacy network The retail giant reached an agreement with CVS Health Corp that would prevent it from leaving the network for commercial and prescription drug plans, after the companies fail to agree on pricing. Read more.